Kimble Charting Solutions Blog

Arch Coal going to find support or follow the price path of Natural Gas?

Posted by Chris Kimble on 01/18/2012 at 1:31 pm; This entry is filed under Arch Coal.

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If long Arch Coal (ACI) of late, it most likely has left a bad taste in your mouth.  It now is at the bottom of a trading channel, after a 50%+ decline.  ACI needs to hold here or its price will start acting like Natural Gas prices of late!

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One Comments

1. cjk January 19th, 2012 at 10:47 am

   Chris,

   The “path of natural gas”?

   Most of us have a feeling for that!

   cjk

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